Accel Partners leads $40m round for HouseTrip.com

Accel led the round, which will allow HouseTrip to expand its marketplace into more territories and develop new products and services for travellers and hosts.

Balderton led a $17m series-B financing round for the business in November last year. Existing investor Index Ventures, which provided $2.7m in a series-A financing round for HouseTrip earlier in 2011, also participated in the series-B round.

Company
Founded in January 2010, HouseTrip provides alternative holiday accommodation with its short-term rental service website. The online company was founded in Switzerland and later moved its headquarters to London.

The website provides guests with a selection of more than 130,000 properties across 15,000 destinations worldwide.

People
Sonali De Rycker led the deal for Accel. Arnaud Bertrand is co-founder and CEO of HouseTrip.

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• Topics
• Expansion
• Consumer
• UK / Ireland
• United Kingdom
• Accel Ventures
• Balderton Capital
• Index Ventures